Emissions Trading Scheme (ETS)

Türkiye rolls out its own ETS to address EU transshipment loopholes

The Turkish parliament has approved a carbon pricing mechanism for the shipping sector, allowing the country to tax emissions from ships entering and departing its ports.

The Turkish government is now expected to publish regulations about the types of vessels affected, emission fee rates, as well as procedures for monitoring, reporting, and verifying emissions.

The Turkish emissions trading scheme (ETS) is expected to align with the European Union’s ETS. Turkish ETS approval seems to be part of...

https://container-news.com/turkiye-rolls-out-its-own-ets-to-address-eu-transshipment-loopholes/

Major Carriers Push EU for Free Emission Allowances

  • European Commission prepares revision of the EU carbon market with shipping in it.
  • Major carriers push the EU for free emission allowances.
  • The two companies also warn against including voyages beyond the EU.

Maersk and CMA CGM call on the EU to award free allowances to the shipping lines, if the EU decides to include shipping in its Emission Trading System, reports Lloyd’s List. 

Request from carriers

As the European Commission prepares for its revision of the EU carbon market with shipping in...

https://mfame.guru/major-carriers-push-eu-for-free-emission-allowances/

Market Forces Like Supply Chain To Determine Emission Policy?

IMO regularly comes in for criticism from many quarters but I had not heard an argument made for it to be sidelined so that market forces could dictate the pace of change in environmental legislation, writes Paul Gunton in his Ship Insight article. According to him, GMF chairman is of the opinion that the emission policy should be governed by market forces rather than solely relying on what IMO thinks. 

But that appeared to be what Michael Parker, chairman of the Global Maritime Forum (GMF), was...

https://mfame.guru/market-forces-like-supply-chain-to-determine-emission-policy/